Get the Most Out of Your American Express Platinum Card

Note from Sarah Page: I am updating this post in light of the fact that the CardMatch tool is offering 100,000 Membership Reward bonus points for the Amex Platinum Card. Missed that news? Check here to see if you're targeted. No hard credit pull will take place and your credit score will not be affected. 

The Platinum Card® from American Express comes with an annual fee of $695 (Rates & Fees).

How to Check Your Chase 5/24 Count

A couple days ago I wrote a post clarifying the Chase 5/24 rule and it's relationship to small business credit cards. A reader asked the following question in the comments:

"How do I figure out if I can apply for the United Explore Card under the 5/24 rule. I didn’t keep track of when I applied for the various cards I have.

The Five Chase Cards to Apply for if You’re a Points Omnivore

In the context of food, an omnivore eats all types of energy sources: animals and plants, and even algae, fungi, and bacteria. In the context of travel rewards, a points omnivore collects any mile or point they can to get more travel. Their motto is a dollar saved is a dollar saved.

This post is for all my points omnivores out there and particularly for those who strive to be one and are just starting to collect rewards cards.

The Five Chase Cards You Should Apply For: Combo #3

Once you’ve opened five credit cards from any bank in the last 24 months (not counting most business cards), Chase will likely deny you for all of their travel rewards credit cards.

The Five Chase Cards You Should Apply For: Combo #2

5/24 is a buzzword in the miles and points sphere.

The Five Chase Cards You Should Apply For: Combo #1

If you're just starting to collect miles and points, possibly the single best piece of advice is to sign up for five Chase cards before moving on to any other bank's rewards cards. This post is going to talk about which five cards you should choose, depending on a few factors, and why.

The fact of the matter is that Chase will cut you off from eligibility for their travel rewards credit cards once you've opened five credit cards from any bank whatsoever in the last 24 months (not counting most business cards).

Amex Membership Rewards Get New Transfer Partner

Aer Lingus was just added as a 1:1 transfer partner for American Express Membership Rewards.
Complete List of Membership Reward Partners
Membership Rewards can be transferred to 18 airline and two hotel loyalty programs at the moment.

Membership Rewards Partner Transfer Rate
AeroMexico1,000=1,600
Aeroplan1,000=1,000
Avianca 1,000=1,000
Alitalia1,000=1,000
ANA1,000=1,000
Cathay Pacific1,000=1,000
British Airways 1,000=1,000
El Al1,000=20
Emirates1,000=1,000
Etihad1,000=1,000
Flying Blue1,000=1,000
Hawaiian 1,000=1,000
Iberia 1,000=1,000
JetBlue 250=200
Singapore1,000=1,000
Virgin Atlantic1,000=1,000
Choice Privileges 1,000=1,000
Hilton 1,000=2,000

Like British Airways and Iberia, Aer Lingus is owned by IAG, so it was already possible to circuitously transfer Membership Rewards via Iberia or British Airways Avios. Members of AerClub also earns rewards called Avios, that while a separate rewards program from Iberia Avios or BA Avios, has similar rules and redemption rates that are distance-based.

The Trigger Happy Advice I Thankfully Thought to Retract

At the end of February I traveled to Rio de Janeiro and Buzios, Brazil. I'm a huge fan of Brazil and have traveled it more than any other country. The image above is from Buzios.

Using a sweetspot on the Etihad award chart, I flew roundtrip between Buenos Aires and Rio on Brazilian airline GOL for 18,000 Membership Rewards + taxes. Cash tickets are notoriously expensive between the two cities, so the value per point I got was over three cents.

Earn Miles by Paying Taxes with Credit Cards

This is miles information, not tax advice. Consult a tax professional before paying your taxes with a credit card.

We’re right around the corner from April, which means Uncle Sam is going to come knocking soon enough. Paying taxes is a significant expense, so you should consider your payment options before mindlessly writing a check.

A Cost/Benefit Analysis of Keeping the Sapphire Reserve a Second Year

The Chase Sapphire Reserve® was released over one year ago to a salivating public. That means many of you are looking at whether or not the $450 a year card is worth keeping open, and if it's not, what exactly your best play might be.

Today I'm going to discuss a process of evaluating whether or not the Sapphire Reserve is worth holding onto for a second year.